PETSMART CORPORATE

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PetSmart Declares Quarterly Cash Dividend

PHOENIX--(BUSINESS WIRE)--Jun. 19, 2014--
PetSmart, Inc. (NASDAQ: PETM) declared a quarterly common stock cash
dividend of nineteen and one-half cents ($0.195) per share. The dividend
is payable August 15, 2014 to stockholders of record at the close of
business on August 1, 2014.

About PetSmart

PetSmart,
Inc. (NASDAQ: PETM) is the largest specialty pet retailer of
services and solutions for the lifetime needs of pets. The company
employs approximately 53,000 associates and operates more than 1,340 pet
stores in the United States, Canada and Puerto Rico, 200 in-store PetSmart®
PetsHotel® dog and cat boarding facilities and is a
leading online provider of pet supplies and pet care information (http://www.petsmart.com).
PetSmart provides a broad range of competitively priced pet food and pet
products; and offers dog training, pet grooming, pet boarding, PetSmart
Doggie Day CampSM day care services and pet adoption
services. Through its in-store pet adoption partnership with PetSmart
Charities® and PetSmart Charities® of Canada, PetSmart has helped save
the lives of more than 5.7 million pets since 1994. PetSmart Charities,
Inc. and PetSmart Charities of Canada (collectively “PetSmart
Charities”) are independent, nonprofit organizations that save the lives
of homeless pets and reduce shelter intake through spay and neuter
efforts. In 2013, nearly 440,000 dogs and cats found homes through
PetSmart Charities’ adoption centers in all PetSmart stores and by
sponsoring community adoption events. PetSmart Charities is the leader
in granting money to help pets in need, with more than $34 million given
in 2013 throughout North America.